
<rss version="2.0">
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<title>Association for Financial Professionals - News Feed</title>
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<link>
http://www.AFPonline.org
</link>
<description>The Association for Financial Professionals (AFP), the global resource and advocate for the finance profession, provides products, education and training for treasury and corporate finance.</description>
<language>en-us</language>
<ttl>15</ttl>
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<title>AFPonline.org</title>
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<link>
http://www.afponline.org/index.html</link>
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http://www.afponline.org/img/AFP-Logo_Website.gif
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<item>
<title><![CDATA[Despite Slowing Economy, Compensation Growth for Financial Professionals Surpassed that of National Average in 2007]]></title>
<description><![CDATA[According to the Association for Financial Professionals’ (AFP’s) 2008 Compensation Report, compensation for financial professionals in 2007 outpaced that of the national workforce as a whole, continuing the trend of past years. Financial professionals reported an average annual salary increase of 4.5 percent – more than 36 percent higher than the national average – and bonuses averaged 15 percent of their base salaries.<br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080717_comp.html?ref=rss</link>
<pubDate>Tue, 22 Jul 08 11:48:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Managing Carbon in the Supply Chain: Lessons Learned]]></title>
<description><![CDATA[<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080717_mgt-carb.html?ref=rss</link>
<pubDate>Thu, 17 Jul 08 05:02:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[The 1031 Exchange Option]]></title>
<description><![CDATA[<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080714_1031.html?ref=rss</link>
<pubDate>Thu, 17 Jul 08 04:03:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Flipping the Switch: Five Principles enhance the advantages of QBQ]]></title>
<description><![CDATA[<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080713_flippin.html?ref=rss</link>
<pubDate>Thu, 17 Jul 08 04:01:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Cash Holdings: Keep Your Option Open]]></title>
<description><![CDATA[<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080717_cash-hol.html?ref=rss</link>
<pubDate>Thu, 17 Jul 08 03:58:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Is Your Sweep Safe?]]></title>
<description><![CDATA[Weaknesses in the cash management world have been exposed over the last several months. Seemingly sound investments like auction rate securities, variable-rate demand notes, mortgage-backed securities have acquired unforeseen risk after investment banks revealed shortcomings tied to structured investment vehicles and collateralized debt obligations. <br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080714_sweep.html?ref=rss</link>
<pubDate>Mon, 14 Jul 08 05:03:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Cash Column: The Accounting Department, an Invaluable Treasury Partner]]></title>
<description><![CDATA[In many instances, accounting is referred to as the language of business. Its function is also to be a primary source of quantitative financial information, used by decision makers within a company and by external investors to gain an accurate assessment of a company's financial performance and value.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080713_cash.html?ref=rss</link>
<pubDate>Mon, 14 Jul 08 04:52:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[July / August 2008 AFP Risk Newsletter]]></title>
<description><![CDATA[Our lead article targets market risk as it asserts that treasurers need more resources to accomplish portfolio goals, written by Aron Chazen, managing director of Treasury Curve, LLC. Meanwhile, Enterprise Risk Management is no longer an option for many firms according to Bruce Branson, associate director of the North Carolina State ERM Initiative. Wolfgang Koester, CEO of FiREapps discusses Knowing When to Build the Case for Change in the realm of foreign exchange.<br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080710_Risk.html?ref=rss</link>
<pubDate>Thu, 10 Jul 08 12:00:00 EDT</pubDate>
</item>
 
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<title><![CDATA[Treasury Essentials: A Practical Guide to 'Odor-Free' Footnotes]]></title>
<description><![CDATA[Treasury professionals continue to become more involved in the preparation of SEC filings, especially 10Q and 10K footnotes. The good news is that there are some general rules that can reduce the stress involved. <br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080709_essen.html?ref=rss</link>
<pubDate>Tue, 8 Jul 08 11:59:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[The Bottom Line: Love and LIBOR]]></title>
<description><![CDATA[The British Bankers Association (BBA), the entity that reports the LIBOR, in June announced plans to overhaul the index. This is a story of romance and money.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080709_editor.html?ref=rss</link>
<pubDate>Tue, 8 Jul 08 11:58:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Letter from the President and CEO: Smoke Detectors]]></title>
<description><![CDATA[In this governance issue of AFP Exchange magazine, we explore the leadership role that corporate executives and financial professionals play as companies begin to develop their climate risk mitigation strategies.<br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080709_ceo.html?ref=rss</link>
<pubDate>Tue, 8 Jul 08 11:57:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[July / August 2008 Futures in Finance]]></title>
<description><![CDATA[The career coach addresses the latest in technology that makes quick business of resumes: Look into communications tools like BlackBerries, Twitter and TwitPitch. <br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080708_FiF.html?ref=rss</link>
<pubDate>Tue, 8 Jul 08 12:00:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[July 2008 Accounting Newsletter]]></title>
<description><![CDATA[The Accounting Standards Board gave Canadian companies a long transition to move to IFRS, but that deadline may come soon for companies without transition plans. This issue continues the countdown to IFRS implementation around the world, with an emphasis on the U.S. and Canada, following AFP of Canada's Treasurers Forum last month.<br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080707_farnews.html?ref=rss</link>
<pubDate>Mon, 7 Jul 08 09:12:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[AFP Liquidity Survey: Credit Market Turmoil Sees Flight to Quality]]></title>
<description><![CDATA[The 2008 AFP Liquidity Survey examines organizational holdings of cash and short-term investments, as well as the credit crisis and its impact on investment strategies. Decisions to stockpile cash, or use it for share repurchases or investments in long-term business opportunities, can be seen as important economic indicators.<br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080630_liquid.html?ref=rss</link>
<pubDate>Mon, 30 Jun 08 08:59:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[]]></title>
<description><![CDATA[The Financial Accounting Standards Board (FASB) is seeking comment on an exposure draft of a proposed Statement of Financial Accounting Standard.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080627_loss.html?ref=rss</link>
<pubDate>Fri, 27 Jun 08 01:29:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[]]></title>
<description><![CDATA[Guidance on accounting for transfers of financial assets and the consolidation of variable interest entities will be a priority for simplification, the Financial Accounting Standards Board (FASB) said June 4.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080627_simpl.html?ref=rss</link>
<pubDate>Fri, 27 Jun 08 01:26:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[]]></title>
<description><![CDATA[The Financial Accounting Standards Board (FASB) is asking for comment on proposed guidance to reform disclosures about the credit derivatives market. The proposed guidance is intended to enhance transparency of credit derivatives and guarantees on entities' financial positions, financial performance, and cash flows, according to FASB.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080627_comm.html?ref=rss</link>
<pubDate>Fri, 27 Jun 08 01:20:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Advisory Committee Urges FASB, IASB to Stay the Course on Fair Value]]></title>
<description><![CDATA[The Investors Technical Advisory Committee on May 23 strongly urged the Financial Accounting Standards Board and International Accounting Standards Board to proceed with fair value measurement for financial instruments.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080626_advis.html?ref=rss</link>
<pubDate>Thu, 26 Jun 08 01:56:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[IASB Publishes Annual Compendium of Fixes for First-Time Adoption Standards]]></title>
<description><![CDATA[The International Accounting Standards Board issued its 2007 compendium of non-controversial improvements to International Financial Reporting Standards May 22, a culmination of a year's worth of reviews.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080626_comp.html?ref=rss</link>
<pubDate>Wed, 25 Jun 08 01:52:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[]]></title>
<description><![CDATA[A beneficial interest held by a transferor following a sale of financial assets is a new financial asset and should be measured at fair value, the Financial Accounting Standards Board (FASB) decided May 21.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080625_fairv.html?ref=rss</link>
<pubDate>Wed, 25 Jun 08 01:47:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[]]></title>
<description><![CDATA[The Financial Accounting Standards Board (FASB) finalized guidance May 19 affecting consolidation and equity method accounting for not-for-profit organizations (FASB Staff Position No. SOP 94-3-1 and AAG HCO-a, Omnibus Changes to Consolidation and Equity Method Guidance for Not-for-Profit Organizations) applies to fiscal years beginning after June, 15, 2008.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080625_equity.html?ref=rss</link>
<pubDate>Wed, 25 Jun 08 01:45:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[FASB Issues Retroactive Guidance on Convertible Instruments Settled in Cash]]></title>
<description><![CDATA[The Financial Accounting Standards Board will require issuers of convertible debt that may settle in cash to record additional expenses, including retrospectively, under finalized guidance issued May 9.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080624_cash.html?ref=rss</link>
<pubDate>Tue, 24 Jun 08 01:57:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[FASB Releases Hierarchy of Accounting Principles]]></title>
<description><![CDATA[The Financial Accounting Standards Board on May 9 released Statement No. 162, The Hierarchy of Generally Accepted Accounting Principles, which is its hierarchy of accounting standards that identifies the sources of accounting principles and a framework for choosing the principles used to prepare financial statements of non-governmental entities conforming to generally to U.S. GAAP.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080624_fasb.html?ref=rss</link>
<pubDate>Tue, 24 Jun 08 01:53:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[June 2008 AFP Risk Newsletter]]></title>
<description><![CDATA[This month's issue runs the gamut from ERM to training and education to business continuity plans. Bryan Gibb spoke with risk guru Susan Mangiero about professional development in the area of risk management. Wolfgang Koester looks at how treasurers can prepare to make a solid business case for improving FX exposure management processes. Mark Beasley explores the board of director oversight of risk management.<br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080619_risk.html?ref=rss</link>
<pubDate>Thu, 19 Jun 08 02:52:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Best Practices for Management and Control of Outgoing and Incoming Payments]]></title>
<description><![CDATA[Management and control of the payments that flow into and out of the company's accounts at financial institutions are an important treasury responsibility.  Well-thought-out policies and procedures governing payments enable treasury to effectively manage the company's liquidity, ensure compliance with Sarbanes-Oxley and defend against fraud.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080619_best.html?ref=rss</link>
<pubDate>Thu, 19 Jun 08 08:53:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[June 2008 AFP Payments Newsletter]]></title>
<description><![CDATA[June 2008 Payments Newsletter<br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080617_payments.html?ref=rss</link>
<pubDate>Tue, 17 Jun 08 12:00:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[June 2008 Accounting Newsletter]]></title>
<description><![CDATA[In this issue, commentator Toby Lucich discusses the dangers that overly complex businesses present for financial accounting and reporting. SEC Commissioner Paul Atkins, the man who worked to balance the complexities vs. benefits of SOX 404 requirements, steps down after 10 years. And Ethiopis Tafara, Director of the SEC's Office of International Affairs, tells AFP how the agency is formalizing agreements with regulators around the world to share information related to IFRS.<br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080609_farnews.html?ref=rss</link>
<pubDate>Mon, 9 Jun 08 12:03:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[June 2008 Futures in Finance]]></title>
<description><![CDATA[Read tips for new graduates as well as news about the number of professionals
turning to consulting as a way to ease into retirement. Career coach continues her quest
in how social networking enhances the job search. AFP's Bryan Gibb talks with risk expert
Dr. Susan Mangiero about her upcoming training courses. <br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080606_FiF.html?ref=rss</link>
<pubDate>Fri, 6 Jun 08 03:53:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Profile: In RIM's Treasury, It's Not All BlackBerries]]></title>
<description><![CDATA[Research in Motion's Treasury Director Tim Martin recently responded to queries posed by AFP about him, his company and how treasury works globally there. <br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080605_timm1.html?ref=rss</link>
<pubDate>Thu, 5 Jun 08 09:34:00 EDT</pubDate>
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<item>
<title><![CDATA[SEC to Share IFRS Application Information with Four Nations in Europe]]></title>
<description><![CDATA[The U.S. Securities and Exchange Commission continues to forge ahead with plans to enhance regulatory, enforcement and supervisory cooperation with the Committee of European Securities Regulators. <br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080605_ifrs.html?ref=rss</link>
<pubDate>Thu, 5 Jun 08 02:30:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Washington Watch: After Market Volatility Policy Makers Look at Regulatory Reforms]]></title>
<description><![CDATA[With bad news coming daily, talk of new reforms of financial regulations are being discussed among poicy makers<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080605_washw.html?ref=rss</link>
<pubDate>Wed, 4 Jun 08 05:28:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Shifting Protocols: Upcoming Changes to Canada-U.S. Tax Treaty]]></title>
<description><![CDATA[An amendment to the U.S. and Canada Tax Treaty is going through its paces, awaiting a final vote the U.S. Senate. Here are the particulars of the new protocol and how it will impact those doing cross-border business.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080604_proto.html?ref=rss</link>
<pubDate>Wed, 4 Jun 08 04:46:00 EDT</pubDate>
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<item>
<title><![CDATA[Runaway Healthcare Costs: Treasury Solutions]]></title>
<description><![CDATA[Healthcare costs continue to climb but banks have joined the efforts to teach healthcare providers and payers to keep costs down through electronic payment, and it appears to be working.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080604_heal.html?ref=rss</link>
<pubDate>Wed, 4 Jun 08 04:04:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Lockbox Logistics: Integrating with Accounts Receivable]]></title>
<description><![CDATA[Companies of all sizes and demographics are drawn increasingly to the faster, smarter and safer technology<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080604_lockb.html?ref=rss</link>
<pubDate>Wed, 4 Jun 08 02:36:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Interview: McDonald's Treasury Head Mike Richards]]></title>
<description><![CDATA[Commodities, Cash and Finance are Priorities for McDonald's Senior Vice President and Treasurer Mike Richards. As the keynote speaker at the recent AFP Global Corporate Treasurers Forum, he shared some of his company's current strategies and the challenges of managing Treasury operations across more than 100 countries. 
<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080604_miker.html?ref=rss</link>
<pubDate>Wed, 4 Jun 08 11:59:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Image Is Everything: Wider Use of Image Cash Letters Seen]]></title>
<description><![CDATA[Allowing the instant transport of an electronic file, ICLs have altered the logistics of payments. Quick, inexpensive and secure, image cash letters allow checks to be processes later in the day, with worries about traffic and weather rendered superfluous. <br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080604_image.html?ref=rss</link>
<pubDate>Wed, 4 Jun 08 11:32:00 EDT</pubDate>
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<item>
<title><![CDATA[The Bottom Line: Things Too Fierce to Mention, Look Deep in Your Money Fund]]></title>
<description><![CDATA[Money market funds and money market-like funds have been havens for corporate cash, but in the wake of the credit crisis, financial professionals are taking a second look. <br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080604_editor.html?ref=rss</link>
<pubDate>Wed, 4 Jun 08 09:19:00 EDT</pubDate>
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<item>
<title><![CDATA[Canadian Banking Costs]]></title>
<description><![CDATA[The economic slowdown and subprime debt crisis is putting upward pressure on Canadian bank pricing and ushering in a period of credit rationing. CB Intelligence President Dick Clark discusses why managing banking arrangements is poised to become a "front burner" issue for Canadian CFOs and U.S. treasury executives managing Canadian banking relationships. He explains what you need to do to get ready. 
<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080530_cbank.html?ref=rss</link>
<pubDate>Tue, 3 Jun 08 08:28:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[IFRS: For Canadian Companies, the Time is Now]]></title>
<description><![CDATA[Accounting transition process should reach across department lines and to the investment community<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080602_ifrs.html?ref=rss</link>
<pubDate>Mon, 2 Jun 08 05:17:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Letter from the President and CEO: Becoming More Aware]]></title>
<description><![CDATA[AFP initiative aimed at reducing environmental impact<br><br>
]]></description>
<link>
http://www.AFPonline.org/pub/res/news/ns_20080602_jimkz.html?ref=rss</link>
<pubDate>Mon, 2 Jun 08 04:38:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Accounting and Financial Reporting: Cultivating Intellectual Honesty]]></title>
<description><![CDATA[In an era where innovation is being hailed as the only sustainable advantage, companies must learn to welcome the unknown, and develop a competency in gaining new insights and skills in a changing market. Tone at the top and training staff are critical to overcoming compliance issues.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080602_acct.html?ref=rss</link>
<pubDate>Mon, 2 Jun 08 02:32:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[AFP Supports Earlier Posting Time for ACH Debits]]></title>
<description><![CDATA[AFP supported a proposal by the Federal Reserve Board to change the posting time for ACH debit transfers to 8:30 a.m. Eastern Time (ET) to coincide with the posting of ACH credit transfers.  Currently, ACH credits processed by the Federal Reserve Banks' FedACH service are posted at 8:30 a.m. ET, while ACH debit transfers are posted at 11:00 a.m. ET.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080602_achd.html?ref=rss</link>
<pubDate>Mon, 2 Jun 08 01:52:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[IASB Committee Move Forward on Foreign Hedge Risk Guidance]]></title>
<description><![CDATA[The International Accounting Standards Board's Financial Reporting Interpretations Committee May 8 approved an interpretation addressing treatment of a hedged net investment in a foreign operation.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080623_iasb.html?ref=rss</link>
<pubDate>Mon, 2 Jun 08 01:46:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Economic Commentary: Not Out of the Woods]]></title>
<description><![CDATA[When the "advanced" estimate for first quarter GDP came in positive, it confirmed that a recession likely did not start in early 2008. Still, few analysts believe the U.S. economy is in the clear. The housing sector continues to struggle to find its footing, consumer spending is lagging, especially for big ticket items like vehicles, and manufacturing continues to deteriorate. In addition, both businesses and consumers have relatively less access to credit and, if they gain access to it, it is more expensive. 
<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080602_econo.html?ref=rss</link>
<pubDate>Mon, 2 Jun 08 10:00:00 EDT</pubDate>
</item>
 
<item>
<title><![CDATA[Bank Relationship Challenges During a Crisis: The Bank Perspective]]></title>
<description><![CDATA[Even after the first quarter of 2008, the relationships of many companies with are being tested.<br><br>
]]></description>
<link>
http://www.AFPonline.org/mbr/res/mbr_news/ns_20080530_cash.html?ref=rss</link>
<pubDate>Mon, 2 Jun 08 08:27:00 EDT</pubDate>
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